Multi Family property with 9 bedroom(s), 3 bathroom(s) in Dorchester’s Codman Square Dorchester’s Codman Square Boston MA.
Turn-key investment opportunity in Dorchester with a 7.9% cap rate! Well-maintained three-family property offering (3) spacious 3-bed/1-bath units and approximately 4,098± sq. ft. of living area on a 3,800± sq. ft. lot. All units were updated prior to 2012 with additional kitchen and bath improvements completed after purchase, creating strong rental appeal and long-term stability. The building is fully occupied and generates $9,800/month ($117,600 annual gross). Annual operating expenses are approx. $20,890, producing a net income of roughly $96,710. Additional features include separate utilities, landlord-paid common electric and water/sewer, and Lead Compliance Certificates for all three units. Situated near Codman Square with convenient access to transit, parks, shops, and neighborhood amenities. A solid, cash-flowing asset ideal for investors seeking dependable returns in a high-demand rental corridor.
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